Playing blu ray rips on ps3

Is there any way this can be done.
Was going to put on a usb stick like i do with my divx files and play themm on ps3.
thanks for your help.
Answer #1
this
http://gadgets.boingboing.net/2009/03/09/make-your-ps3-actual.html
may be of interest to you
Answer #2
Thanks anyone with anymore info feel free to post.
Answer #3
Actually there is a better Server that has everything and plays just about everything in your PS3 its called “Java PS3 Media Server” it doesnt lag or anything like the web ones do because it trans code really fast.